Executive - Purchase

2 days ago

Hyderabad Telangana, India Banyan Nation Full time

**Location: Hyderabad, HO**:
**Employment Type: Full-time**:
**Salary Range: 35k - 40k / month**:
**Job Overview**:
We are seeking an ambitious, data-driven, and results-oriented Purchase, Executive. This critical role will ensure managing the procurement process of goods and services, ensuring that all purchase requests are handled efficiently, and working with vendors to secure the best possible terms. The role requires a strong understanding of vendor evaluation, purchase order management, and adherence to the approval matrix.

**Key Responsibilities**:
**1. Purchase Indent Verification**
- Ensure that all purchase indents are approved as per the established approval matrix before proceeding with procurement.

**2. Purchase Order (PO) Management**
- Raise and process purchase orders for the procurement of materials in alignment with approved vendor selections.

**3. Work Order (WO) Management**
- Raise work orders for services such as job work, ensuring clarity in scope, timelines, and expectations.

**4. Quotation Management**
- Obtain a minimum of three quotes for all required materials and services to ensure competitive pricing and quality.

**5. Vendor Evaluation**
- Assess vendors based on critical parameters including quality, pricing, adherence to delivery timelines, and overall reliability.

**6. Vendor Recommendation**
- Provide recommendations based on the final evaluation of vendors, ensuring that the best option is chosen for the organization’s needs.

**7. Approval Follow-ups**
- Collaborate with authorized signatories to ensure that all purchase orders (PO) and work orders (WO) are approved in a timely manner.

**8. Timely Communication**
- Share the approved POs and WOs with end users within the agreed-upon timelines to facilitate smooth operations.

**Qualifications**:

- Bachelor’s or Master’s degree in Supply Chain Management, Business Administration, or a related field.
- 3+ years of experience in managing the purchase department.
- Strong understanding of procurement processes and vendor management.
- Sound knowledge of using Tally.

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